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UK small-cap RNS · 29 Apr 2026

Every announcement of UK small & mid caps under £2bn. The ones that started or moved a situation are marked – a click opens it.

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07:05

PPHE Hotel Group Ltd PPH £628m
Q1 Trading Update Trading update
Q1 revenue is up 8.0% and the Board still expects FY2026 results in line with consensus. This follows the in-line 2025 outcome and continues the steady trading story during the sale process.

in lineoutlook positive −7.9% on the day

Moved: New York development site sale: Sale agreed; awaiting completion → Sale agreed; close expected in summer · Park Plaza London Waterloo freehold purchase: Debt facility agreed; completion pending → Agreed; funded by facility; completion pending · Shareholders' potential options and offer period: Strategic Review ongoing; no outcome yet → Formal sale process ongoing; no offer yet
07:01

Halfords Group HFD £570m
Trading update for the financial year to 3 April 2026 (“FY26”) Trading update
+7.3% on the day
07:00

Vianet Group VNET £20m
Trading Update and Board Change Trading update
This is a pre-results trading update, not the results. Profit is flat as flagged in February (EBITA £3.61m vs £3.59m), while net cash is ahead of expectations and the dividend is up sharply.

ahead of expectationsoutlook mixedfirst in 10 months +0.0% on the day

Moved: USA hospitality expansion: New national contract; deployment due Q1 next year → Early stage; key customer agreements secured · new: CEO succession and Chairman return – Announced, handover planned · new: Delayed customer deployments – Timing delays, no contracts lost
07:00

RHI Magnesita N.V. RHIM £1,201m
Q1 Trading Update Trading update
RHI Magnesita, the leading global supplier of high-grade refractory products, systems and solutions, today provides an update on trading for the three months ended 31 March 2026 ("Q1").

−2.2% on the day
07:00

Zoo Digital Group ZOO £12m
Trading Update Trading update
FY26 Adjusted EBITDA of at least $3.8m and revenue of $42.3m match consensus, so the cost-cut turnaround is delivered but with no upside. Cash of $3.2m is above the $2.5m consensus.

Turnaround plan with targets in lineoutlook positivefirst since Oct 2023 +4.3% on the day

Moved: Post-restructuring turnaround: Cost savings complete; board refresh under way → Savings delivered; board succession being finalised · Two major studio RFP wins: Selected; initial orders received → On-boarding; volumes too early to determine · Fast Track and AI workflows: First premium projects delivered → Early stage; growing quarterly demand, incl. sports
07:00

Trifast TRI £108m
Trading Statement Trading update
FY26 underlying EBIT of c.£16.0m matches consensus. Margins improve on self-help despite revenue down about 7%, so it confirms the earlier guidance rather than lifting it.

Upgrade / downgrade cycle £8.0m · 7% of mcapin lineoutlook mixedfirst since Oct 2023 −3.9% on the day

Moved: Saudi Arabia expansion: MISA approval received; Heads of Terms signed → Saudi customer disrupted by Iran conflict; revenue hit expected · new: Malaysia manufacturing closure – Manufacturing exit from April 2026; hub retained
07:00

Elementis ELM £1,023m
First quarter trading update Trading update
Q1 revenue grew c.2% organically with strong profit and margin expansion, which management says beat its own expectations. Full-year outlook is only held, so this is a good start rather than an upgrade.

ahead of expectationsoutlook positive −0.9% on the day

Moved: Pharmaceutical business sale to ABF: Agreed; completion expected Q2 2026 → Agreed; completion expected Q2 2026
07:00

Naked Wines WINE £41m
Pre-Close Trading Update Trading update
FY26 performance in line, strong EBITDA, with new material upside in cost savings

in line +1.4% on the day
07:00

Ecora Resources ECOR £372m
Q1 2026 Trading Update Trading update
Portfolio contribution doubled to $12.3m on Voisey's Bay cobalt price and Mimbula, and net debt edged down to $84.4m. Some cobalt deliveries slipped into Q2, and Kestrel contributed nothing.

outlook positive −2.2% on the day

Moved: Balance sheet deleveraging: Net debt $85.5m at year-end 2025 → Net debt $84.4m at 31 March 2026
07:00

Breedon Group BREE £1,151m
AGM Trading Update Trading update
Q1 in line with expectations, and LFL revenue is back to growth after two periods of decline. This is a modest improvement after a year of shrinking underlying sales, though Q1 is a small part of the year.

Upgrade / downgrade cycle in lineoutlook mixed +0.1% on the day

Moved: Market recovery timing: Signs of stabilising UK markets; recovery awaited → Q1 LFL +2%; GB residential still weak
07:00

Watkin Jones WJG £39m
HY 2026 Trading Update Trading update
Watkin Jones, a leading UK developer and manager of residential for rent, provides the following trading update for the half year ended 31 March 2026 (the 'period' or 'HY 2026').

first in 6 months −2.6% on the day
07:00

Mincon Group (CDI) MCON £164m
Interim Trading Update Trading update
Dublin, London 29 April 2026:Mincon Group plc (Euronext:MIO; AIM:MCON), the Irish engineering group specialising in the design, manufacture, sale and servicing of rock drilling tools and associated consumable products, today, ahead of its AGM, provides a …

ahead of expectationsfirst in 6 months +0.0% on the day